Also feeling the pain on Tuesday: Coinbase corporate bonds that mature in 2026 were changing hands at distressed-debt levels, yielding almost 20% and trading for 50 cents on the dollar. Coinbase buy dogecoin Cryptocurrency trading platform Coinbase began accepting transactions for Dogecoin on Thursday amid a recent surge in popularity for the meme token.
The Securities and Exchange Commission sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual. Which Exchanges Support New York Residents? Riot Blockchain (RIOT) saw its stock climb 25% on Monday, while Marathon Digital Holdings (MARA) saw its stock trade 34.85% higher on Tuesday as compared to its closing price on Friday.